COGNICURRENT

Dec 30 • 09:16 UTC • 🇬🇷 Greece • Proto Thema

Confronted with $1.1 billion in losses, Citi sells its entire portfolio in Russia

Citigroup anticipates approximately $1.1 billion in after-tax losses from selling its remaining business operations in Russia amid escalating sanctions from the United States and the European Union.

#citigroup #russia #sanctions #losses #financial

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